United States Oil Reserves, Production and Consumption Statistics (2023)

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Summary Table

	Barrels	Global Rank
Oil Reserves	35,230,000,000	11th in the world

	Barrels per Day	Global Rank
Oil Production	14,837,640	1st in the world
Oil Consumption	19,687,287	1st in the world
Daily Deficit	-4,849,647
Oil Imports	7,850,000
Oil Exports	591,000
Net Imports	7,259,000

(Data shown is for 2016, the latest year with complete data in all categoreies)

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Oil Reserves in the United States

See also: List of countries by Oil Reserves

The United States holds 35,230,000,000 barrels of proven oil reserves as of 2016, ranking 11th in the world and accounting for about2.1% of the world's total oil reserves of 1,650,585,140,000 barrels.

The United States has proven reserves equivalent to 4.9 times its annual consumption. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves

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35,230,000,000 barrels

Global Rank: 11th | Share of World: 2.13 %

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5 years of oil left
(at current consumption levels)

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History of Oil Reserves in the United States

Oil Consumption in the United States

See also: List of countries by Oil Consumption

• The United States consumes 19,687,287 barrels per day (B/d) of oil as of the year 2016.
• The United States ranks 1st in the world for oil consumption, accounting for about 20.3% of the world's total consumption of 97,103,871 barrels per day.
• The United States consumes 2.56 gallons of oil per capita every day (based on the 2016 population of 323,015,995 people), or 934 gallons per capita per year (22 barrels). [1 barrel = 42 US Gallons]

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Oil Production in the United States

See also: List of countries by Oil Production

• The United States produces14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world.
• The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016).

Oil Imports

• The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016).

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History of Oil Consumption and Production

See also

• Population of the United States

Sources

• Statistical Review of World Energy - British Petroleum
• U.S. Energy Information Administration (EIA)

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